Bank of SC Co. (BKSC) Holdings Reduced by Bank of America Corp DE

Bank of America Corp DE lessened its position in Bank of SC Co. (NASDAQ:BKSC) by 9.0% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 60,019 shares of the bank’s stock after selling 5,915 shares during the period. Bank of America Corp DE’s holdings in Bank of SC were worth $1,242,000 as of its most recent filing with the SEC.

Other large investors have also recently modified their holdings of the company. Pwmco LLC purchased a new position in shares of Bank of SC during the second quarter worth $1,500,000. John W. Rosenthal Capital Management Inc. boosted its position in shares of Bank of SC by 10.0% during the second quarter. John W. Rosenthal Capital Management Inc. now owns 78,622 shares of the bank’s stock worth $1,627,000 after buying an additional 7,147 shares during the period. Brown Advisory Inc. boosted its position in shares of Bank of SC by 9.3% during the second quarter. Brown Advisory Inc. now owns 254,921 shares of the bank’s stock worth $5,277,000 after buying an additional 21,588 shares during the period. Finally, Dimensional Fund Advisors LP purchased a new position in shares of Bank of SC during the second quarter worth $364,000. 11.38% of the stock is owned by hedge funds and other institutional investors.

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BKSC opened at $19.65 on Friday. Bank of SC Co. has a 52 week low of $18.00 and a 52 week high of $23.00. The firm has a market cap of $108.56 million, a PE ratio of 18.32 and a beta of -0.15.

Bank of SC (NASDAQ:BKSC) last released its quarterly earnings results on Thursday, October 11th. The bank reported $0.32 EPS for the quarter. Bank of SC had a return on equity of 13.88% and a net margin of 30.23%.

The company also recently declared a special dividend, which was paid on Wednesday, October 31st. Stockholders of record on Tuesday, October 9th were given a dividend of $0.10 per share. The ex-dividend date was Friday, October 5th. This represents a dividend yield of 2.96%.

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Bank of SC Profile

Bank of South Carolina Corporation operates as the holding company for The Bank of South Carolina that provides commercial banking services to individuals, professionals, and small and middle market businesses in South Carolina. The company offers a range of deposit products, including non-interest bearing demand accounts, NOW accounts, money market accounts, time deposits, and savings accounts, as well as certificates of deposit.